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William & Mary Foundation

WILLIAMSBURG, VAEIN: 54-0734117Website

Data sourced from IRS 990 public filings

William & Mary Foundation Supporting an essential mission The William & Mary Foundation advances the university’s highest aspirations by securing private support, guiding a multi-asset investment portfolio and offering strategic leadership. In this work, we propel the university toward national preeminence and help shape a future worthy of its history. Give to the William & Mary Foundation Read More The W&M Foundation is organized and operated exclusively for charitable, scientific, and educational purposes, within the meaning of section 501(c)(3) of the Internal Revenue Code, including receiving, managing, investing, and administering private gifts and property and making expenditures to or for the benefit of the university.Since its formation in 1939, the role of philanthropy has become increasingly central to William & Mary’s progress as an institution — a role that has been further heightened by economic challenges within the commonwealth, United States and world. Today, the stable source of revenue provided by the W&M Foundation is indispensable to the campus’ day-to-day activities, with the W&M Foundation currently overseeing or serving as beneficiary of more than three quarters of the university’s total endowment. The W&M Foundation is a non-profit corporation and a public charity. An independent volunteer board of a maximum 40 trustees leads the W&M Foundation and advises staff on the investment and management of gifts. The Investments Committee serves as the William & Mary Foundation’s representatives to the 1693 Partners Fund Board. Learn More Articles of IncorporationDownload News William & Mary Foundation Elects Four New Trustees Gift and Endowment Reinvestment Strategies Bruce Aird to assume new role as first full-time chief financial officer of the William & Mary Foundation

Young Adults (Ages 19-25)
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Annual Revenue

$161,638,025

Known Funders

179

Grants Received

452

Financial History

YearRevenueExpensesAssets
2023$161,638,025$72,625,450$1,294,159,126
2022$41,051,162$52,596,974$1,134,029,696
2021$100,704,101$42,267,429$1,102,294,415
2020$79,373,462$39,031,296$1,122,551,962
2019$88,636,871$49,308,062$868,886,184
2018$83,490,525$41,566,200$868,970,215
2017$83,416,784$31,349,921$806,248,130
2016$96,448,406$38,169,638$750,596,771

Top Funders

$2,670,000 (2023)
$2,000,000 (2022)
GATES FOUNDATION

SEATTLE, WA

$1,399,010 (2024)
$1,343,000 (2024)
GATES FOUNDATION

SEATTLE, WA

$1,293,870 (2023)
$1,242,202 (2021)
$1,025,000 (2023)

Showing top 10 of 179 funders.

Key Personnel

From 2023 IRS 990 filing

F

F BRIAN HIESTAND

CHIEF INVESTMENT OFFICER, 1693 PARTNERS FUND

Key Employee
C

CATHERINE MOUNTJOY

CHIEF OPERATING OFFICER, 1693 PARTNERS FUND

Key Employee
M

MATTHEW T LAMBERT

CHIEF EXECUTIVE OFFICER

Officer
J

JULIE S LEACH

EXECUTIVE DIRECTOR

Officer
B

BRUCE G AIRD

CHIEF FINANCIAL OFFICER AND TREASURER

Officer
T

TODD ANDREW HOWARD

TRUSTEE

T

TODD A STOTTLEMYER

TRUSTEE

T

Timothy J Carroll

TRUSTEE (TERM BEGAN 10/23)

S

Sue Hanna Gerdelman

TRUSTEE (TERM BEGAN 10/23)

S

SHELLEY B GOODE

TRUSTEE

Showing 10 of 46 key personnel.

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